Imminent breakout due bullish pennant and divergence Hello fellow traders,
not much to say, one may expect a target between 0.11 and 0.12 if the pennant plays out (blue paths), probably it's going a lot higher mid term if it breaks the ascending triangle (violet paths).
See the attached longterm projection of XEM which has been quite accurate for 1.5 months.
One may buy in now but I suggest to wait for another bounce of the pennants support.
So the target price for a buy is between 0.082 and 0.084.
My advice is to buy in in steps of 20% or 25% of your planned allocation over the next few days.
Which should be between 10% and 15% of your equity.
Im not a professional financial consultant, so this is for educational purpose only.
Trade safe
XEM
XEM / BTC#Accumulation_Recomendation
Pair : #XEM / #BTC
Platform : #Binance #HitBtc #Bittrex #Coinbase #Poloneix #Bitfinex
RSI : 35
Volume : Volume is coming back again in a fair amount.
**Note : MACD lookig bullish crossing over in favor of the bulls. RSI also raising up at a good point of entry. EMA needs some more momentum to be below the price for a reversal bullish uptrend.
Accumulation Area :830 sats - 850 sats
Distribution Targets
Short Term :
Target 1 : 890 sats
Target 2 : 914 sats
Target 3 : 940 sats
Mid Term
Target 4 : 980 sats
Target 5 : 1033 sats
Target 6 : 1086 sats
Target 7 : 1162 sats
Target 8 : 1258 sats+
Stop Loss : 808 sats for short term traders and 775 sats for mid to longer term traders.
Risk : High
Follow us @Togetherweaccumulate
XEMBTC formation of gartley completedThe priceline has completed the formation of gartley pattern and entered in PRZ area. The 50MA support is already in potential reversal zone and from here the price action can take bullish divergence soon insha Allah.
The targets are:
Buy between: 0.00001059 to 0.00000914
Sell between: 0.00001176 to 0.00001453
Regards,
Atif Akbar (moon333)
Before you buy XEMJust ask yourself the question. What would happen if the price would drop just one sat below the line? Will it go back up, like nothing happened?
Or will it activate all the stops that have been accumulating over the past month..
Or will it surge down in a stoploss pool of blood.
Or will it bounce on a discreet level meters below the line of doom catching you off guard again.
You probably did it right? Bought at around 1050 and put your stoploss at 1042 or lower.
Ill place my buy at around 867 and ride the reaction back up. Thank you very much.
*This is not financial advice*
$XEM, Reached support, tested multiple times & is bouncing back!Update on $XEM,
Reached support, tested multiple times & is bouncing back up! R/S Flip!
UCTS Indicator Buy signal active
Volume slowly rising
MACD Bullcrossing (Hidden div) & RSI reaching overbought levels
1160/1260/1388 as targets (try to buy as low as possible!)
#XEM
$XEM, Retraced to previous support as expected from a 60%+ ....Update on $XEM,
Retraced to previous support as expected from a 60%+ candle
Now we will need to wait and see if this level hodls or if its moving even lower...
For now selling pressure seems to be quite high...
#XEM
$XEM Trying to break descending trendline bouncing from support $XEM Trying to break descending trendline bouncing from support area at ~850sats
UCTS buy signal on the 12H
Potential Double bottom pattern
Volume has been increasing over last days
MACD about to bullcross & RSI coming out from oversold levels
#XEM
#XEM Investment (Chapter "2")Peace be upon you, Salam Aliukom brothers
In the beginning, I would like to congratulate My Muslim brothers by the holy month of Ramadan I ask Allah to make it a month full of good for all human beings.
On Dec 2017 we shared our first investment signal for NEM and this signal gained a profit passed 500% up to 950%
You can recheck it from here
Link
for sure since this time we keep tracking and analyzing XEM, Also we posted many signals after this investment we will mention them below this analysis.
Today we are with an appointment with the second Investment chapter for XEM
first, let us start with a short description of this coin:
What is NEM?
The NEM Smart Asset System come to market After forking from Next, NEM in 2015, NEM allows you to totally customize how you use the NEM blockchain. First, your Namespace defines your home on the blockchain where you can name your own Mosaics, provide easy-to-remember names to user addresses, and more.
Also, NEM presents many unique features most notably the 1 minute block time, proof of importance algorithm, multi-signature accounts and unique harvesting methods.
NEM categories
Real world assets
(CoinMarketCap) " Rank 22"
Market Cap
$458,712,138 USD
73,066 BTC
Volume (24h)
$19,078,652 USD
3,039 BTC
Circulating Supply
8,999,999,999 XEM
Now what technical analysis tells us:
We can see NEM loss -95% Since this ATH on Dec 2017 / Jan 2018
Right Now NEM move above Strong support level ( 700/740)
This Equal the Pivot points S1
Patterns-
we can see clear falling wedge " Bullish Pattern end with Bullish move" but this bullish bias cannot be realized until a resistance breakout occurs.
The current move looks like a copy of this movement on Jul 2016
With differing in circumstances and current market factors of course
After all, time extract our buy zone and these depend on
fib level/Pivot levels and previous support, with the supports of the trend line on the falling wedge
Best buy zones:
(Scalping) between 700/740 with reward start from 20% to 40%
we already opened signal from 778 on our VIP since a few hours ago gained TP1 but we don`t recommend you to enter now
(Investment)
550 /360 this lower level of weekly Support and probably we will see XEM rebound from it so if you looking to start an investment these are good levels come with reward starting from 100% up to 500% as an intial reward
(Investment from max dips)
(150/ 100S)
XEM will reach these levels in one case if the market goes to new low or XEM get bad news anyway these levels come as Investment from max dips reward starting from 200% to 700% as an initial reward
Max invest:
5% to 7%
and always in investment use, your profit, use some money you don`t need it to pay bills or anything else something from your needs
Success Rate:
( Medium)
(Trade Time frame)
190 Day to reach investment levels if the market turn to new low then start the recovery
Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay
NEMToday I want to pay attention to the coin hem. Over the past year and a half, many projects have not survived the bear market. Problems also affected this project, they reduced the team, launched the long-awaited catapult - but not at the right time.
Now XEM is priced at the lowest price.
But I like the development strategy and the popularization of their blockchain in universities in the long run will achieve the result
Technical analysis
A falling wedge was formed. This is a reversal figure of the target when I break through the resistance line I see in the range of 1000 sat first
NEM/Bitcoin (13 May) #XEM $XEM #BTC $BTCXEM has fallen a lot in the past time and now has reached the area that has the high ability to reverse.
You can accumulate from 730-750sts and sell around 1000sts. I think this is the bottom price of XEM and can hold long-term
Stoploss if price is lower than 630sts
Annoying coin.Yep it's visible. Target not reached from previous idea. The whole altcoinmarketcap is annying too, when Bitcoin mkes brave moves up.
So maybe i'am closing 75% of my speculative position here to early (25% without stop loss goes to my bag), but better that than risk to close wit greater loss under 3.5cent.